Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 02/22 · 12:46 PM · LM Editorial
Freight transportation and logistics services provider Averitt Express said today it is making further inroads into expanding its flatbed operation, which launched at the beginning of 2009, when it rolled out flatbed service in eight markets.
Posted 02/22 · 11:31 AM · LM Editorial
In a continued commitment to sustainability with a primary focus on fuel efficiency and energy security, UPS announced it has bought 48 heavy tractor trucks manufactured by Kenworth that are equipped to run on Liquefied Natural Gas (LNG).
Posted 02/22 · 10:34 AM · LM Editorial
Milan provides regional LTL services in the central and southern regions of the United States. By bringing Milan into the fold, Vitran gains 16 terminals in new markets, including Alabama, Georgia, Mississippi, North Carolina, and South Carolina.
Posted 02/21 · 01:19 PM · LM Editorial
Legislation focused on increasing truck size and weights was reintroduced to Congress last week by Representatives Mike Michaud (D-Maine) and Jean Schmidt (R-Ohio).
Posted 02/18 · 01:52 AM · LM Editorial
On the heels of President Obama’s recently released proposed fiscal year 2012 budget request, there have been no shortages of opinions regarding the transportation components of the budget, most notably the proposed six-year, $556 billion surface transportation reauthorization proposal.
Posted 02/15 · 09:58 AM · LM Editorial
Retail sales began 2011 on a relatively promising note, according to data released by the United States Department of Commerce and the National Retail Federation (NRF). January retail sales, which include non-general merchandise like automobiles, gasoline, and restaurants, were $381.6 billion for a 0.3 percent increase from December and a 7.8 percent increase over January 2010, according to Commerce.
Posted 02/15 · 07:45 AM · LM Editorial
Another week brought another increase in the price per gallon of diesel, with prices rising 2.1 cents this week to $3.534 per gallon, according to the Department of Energy’s Energy Information Administration (EIA). On an annual basis, diesel prices are up 77.8 cents.
Posted 02/14 · 01:15 PM · LM Editorial
From a supply chain and logistics perspective, the most interesting part of this budget is the proposed six-year, $556 billion surface transportation and reauthorization proposal.
Posted 02/14 · 09:29 AM · LM Editorial
In 2010, easy annual comparisons to a troubled 2009 often paved the way for favorable data trends in the freight transportation sector. Based on recent data in TransCore’s TrendLines report, those comparisons for the trucking sector are still heading in the right direction early into 2011.
Posted 02/10 · 09:21 AM · LM Editorial
Diplomat(s) expressed increasing concern that Saudi Arabia is no longer able to lift oil production at a rate fast enough to prevent oil prices from escalating.